Bank Other Current Liab vs Total Current Liabilities Analysis

BMRC Stock  USD 15.88  0.04  0.25%   
Bank of Marin financial indicator trend analysis is way more than just evaluating Bank of Marin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Marin is a good investment. Please check the relationship between Bank of Marin Other Current Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Marin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Marin Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Bank of Marin's Other Current Liab and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Bank of Marin, assuming nothing else is changed. The correlation between historical values of Bank of Marin's Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Bank of Marin are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Bank of Marin's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Bank of Marin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bank of Marin are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Bank of Marin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Marin current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Marin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.At present, Bank of Marin's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 7.61, whereas Selling General Administrative is forecasted to decline to about 28.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit115.1M138.4M139.5M70.5M
Total Revenue115.1M138.4M144.4M151.7M

Bank of Marin fundamental ratios Correlations

0.980.070.90.651.00.790.9-0.130.97-0.490.340.780.430.530.720.950.810.840.120.970.890.480.490.470.47
0.980.160.910.620.980.750.86-0.160.99-0.510.340.780.50.470.780.950.760.830.140.970.870.520.530.350.37
0.070.160.21-0.20.060.15-0.250.020.13-0.51-0.06-0.110.30.10.240.050.08-0.240.80.08-0.25-0.14-0.14-0.11-0.11
0.90.910.210.60.90.820.780.00.92-0.460.190.680.390.460.680.860.780.710.190.890.770.380.390.510.56
0.650.62-0.20.60.650.310.660.50.7-0.11-0.340.910.68-0.210.770.790.250.85-0.420.730.780.830.830.560.63
1.00.980.060.90.650.790.9-0.120.97-0.490.340.780.420.530.710.950.820.830.120.970.890.480.490.480.48
0.790.750.150.820.310.790.66-0.270.71-0.610.440.440.130.610.450.680.820.530.240.720.610.180.190.370.33
0.90.86-0.250.780.660.90.66-0.110.88-0.320.340.730.270.430.60.830.680.9-0.180.840.970.470.480.530.48
-0.13-0.160.020.00.5-0.12-0.27-0.11-0.030.09-0.950.230.33-0.60.22-0.01-0.320.09-0.27-0.06-0.010.320.310.490.5
0.970.990.130.920.70.970.710.88-0.03-0.50.220.810.520.380.820.950.70.870.060.960.90.560.570.430.45
-0.49-0.51-0.51-0.46-0.11-0.49-0.61-0.320.09-0.5-0.19-0.17-0.18-0.26-0.53-0.36-0.32-0.25-0.33-0.38-0.29-0.09-0.1-0.2-0.07
0.340.34-0.060.19-0.340.340.440.34-0.950.22-0.19-0.11-0.340.75-0.140.180.510.080.270.250.2-0.29-0.29-0.19-0.25
0.780.78-0.110.680.910.780.440.730.230.81-0.17-0.110.8-0.050.830.910.420.94-0.280.860.860.90.910.350.37
0.430.50.30.390.680.420.130.270.330.52-0.18-0.340.8-0.390.80.630.040.62-0.060.550.460.880.88-0.010.02
0.530.470.10.46-0.210.530.610.43-0.60.38-0.260.75-0.05-0.39-0.140.310.850.070.570.410.25-0.42-0.410.210.19
0.720.780.240.680.770.710.450.60.220.82-0.53-0.140.830.8-0.140.810.260.81-0.130.760.730.810.820.230.24
0.950.950.050.860.790.950.680.83-0.010.95-0.360.180.910.630.310.810.680.890.00.990.890.680.690.390.45
0.810.760.080.780.250.820.820.68-0.320.7-0.320.510.420.040.850.260.680.470.410.740.580.030.040.40.38
0.840.83-0.240.710.850.830.530.90.090.87-0.250.080.940.620.070.810.890.47-0.360.850.980.810.820.40.37
0.120.140.80.19-0.420.120.24-0.18-0.270.06-0.330.27-0.28-0.060.57-0.130.00.41-0.360.08-0.29-0.48-0.48-0.08-0.05
0.970.970.080.890.730.970.720.84-0.060.96-0.380.250.860.550.410.760.990.740.850.080.870.590.60.420.48
0.890.87-0.250.770.780.890.610.97-0.010.9-0.290.20.860.460.250.730.890.580.98-0.290.870.670.670.470.43
0.480.52-0.140.380.830.480.180.470.320.56-0.09-0.290.90.88-0.420.810.680.030.81-0.480.590.671.00.090.09
0.490.53-0.140.390.830.490.190.480.310.57-0.1-0.290.910.88-0.410.820.690.040.82-0.480.60.671.00.10.1
0.470.35-0.110.510.560.480.370.530.490.43-0.2-0.190.35-0.010.210.230.390.40.4-0.080.420.470.090.10.87
0.470.37-0.110.560.630.480.330.480.50.45-0.07-0.250.370.020.190.240.450.380.37-0.050.480.430.090.10.87
Click cells to compare fundamentals

Bank of Marin Account Relationship Matchups

Bank of Marin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.9B4.3B4.1B3.8B4.0B
Total Stockholder Equity336.8M358.3M450.4M412.1M439.1M461.0M
Other Assets1.4B1.7B1.1B1.3B1.5B1.3B
Common Stock Shares Outstanding13.8M13.6M14.4M16.0M16.0M13.3M
Liabilities And Stockholders Equity2.7B2.9B4.3B4.1B3.8B4.0B
Other Stockholder Equity4.5M12.6M(2.0M)4.3B4.9B5.2B
Total Liab2.4B2.6B3.9B3.7B3.4B3.5B
Other Liab17.2M17.5M28.3M22.9M26.3M13.2M
Property Plant And Equipment Net17.1M30.5M31.2M33.0M28.1M29.5M
Net Debt(167.9M)(170.4M)(321.8M)93.7M18.8M19.7M
Retained Earnings203.2M219.7M239.9M270.8M274.6M288.3M
Accounts Payable18.5M19.5M29.4M22.9M20.7M21.7M
Cash183.4M200.3M347.6M45.4M30.5M28.9M
Non Current Assets Total621.6M565.9M1.6B1.9B3.8B4.0B
Non Currrent Assets Other(16.9M)(23.4M)(24.9M)(54.6M)3.6B3.8B
Cash And Short Term Investments615.6M592.7M1.5B848.0M30.5M28.9M
Net Receivables75.7M80.0M51.4M79.8M135.2M142.0M
Common Stock Total Equity129.1M125.9M212.5M215.1M247.3M259.7M
Short Term Investments432.3M392.4M1.2B802.1M552.0M289.3M
Property Plant And Equipment Gross17.1M30.5M31.2M33.0M51.3M53.8M
Total Current Assets691.4M672.7M1.6B927.8M43.2M41.0M
Accumulated Other Comprehensive Income4.5M12.6M(2.0M)(73.7M)(53.0M)(50.4M)
Common Stock129.1M125.9M212.5M215.1M217.5M228.4M
Property Plant Equipment17.1M30.5M31.2M33.0M37.9M39.8M
Other Current Liab(18.5M)(19.5M)(29.4M)(26.6M)2.6B2.7B
Total Current Liabilities18.5M19.5M29.4M22.9M2.6B2.7B
Short Long Term Debt Total15.5M29.9M25.8M139.1M49.2M32.6M
Long Term Debt2.9M2.8M419K112.4M26M15.2M
Non Current Liabilities Total15.5M29.9M25.8M22.9M759.6M797.6M
Retained Earnings Total Equity179.9M203.2M239.9M270.8M311.4M163.5M
Intangible Assets4.7M3.8M6.6M5.1M3.8M4.8M
Net Tangible Assets302.0M324.3M371.0M334.2M384.4M282.2M
Long Term Investments569.7M501.4M1.5B1.8B1.5B1.1B
Non Current Liabilities Other27.0M31.3M55.3M49.6M57.0M40.7M
Other Current Assets191.1M211.2M360.3M58.9M43.2M41.0M

Pair Trading with Bank of Marin

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Marin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Marin will appreciate offsetting losses from the drop in the long position's value.

Moving against Bank Stock

  0.72DB Deutsche Bank AGPairCorr
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  0.67CFG-PD Citizens FinancialPairCorr
  0.41RF Regions Financial Earnings Call TodayPairCorr
The ability to find closely correlated positions to Bank of Marin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Marin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Marin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Marin to buy it.
The correlation of Bank of Marin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Marin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Marin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Marin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank of Marin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Marin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Marin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Marin Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Marin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Bank of Marin's price analysis, check to measure Bank of Marin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Marin is operating at the current time. Most of Bank of Marin's value examination focuses on studying past and present price action to predict the probability of Bank of Marin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Marin's price. Additionally, you may evaluate how the addition of Bank of Marin to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Marin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Marin. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Marin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
1
Earnings Share
0.83
Revenue Per Share
6.088
Quarterly Revenue Growth
(0.23)
The market value of Bank of Marin is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Marin's value that differs from its market value or its book value, called intrinsic value, which is Bank of Marin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Marin's market value can be influenced by many factors that don't directly affect Bank of Marin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Marin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Marin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Marin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.